NOT LISTED FOR SALE

2002 S Montezuma Ave Tucson, AZ 85711

Roberts Neighborhood

Estimated Value: $286,374 - $404,000

-- Bed
-- Bath
3,120 Sq Ft
$113/Sq Ft Est. Value

Last Sold February 09, 2017

Last sale price $150,200 $48 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,035/month

37 Days on Market

About This Home

As of February 2017

Four 2-Bedroom units that are always rented. Great income property. Convenient central location.

Last Agent to Sell the Property

Matthew Bollinger

Long Realty Listed on: 01/03/2017

Co-Listed By

Lisa Soares

Long Realty

Last Buyer's Agent

Matthew Bollinger

Ochoa Realty & Property Management

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,924

Year Built

  • Built in 1978

Lot Details

  • 9,148

Home Design

  • 3,120 Sq Ft Home
  • Frame With Stucco

Additional Features

  • 9,148 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $1,924 special tax assessment

Community Details

Overview

  • Alvernon Park Subdivision

Building Details

  • Fuel Expense $150
  • Insurance Expense $1,000
  • Maintenance Expense $2,301
  • Professional Management Expense $1,640
  • Water Sewer Expense $1,200
  • Gross Income $20,520
  • Net Operating Income $12,005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,924

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Multi Family
  • Dwelling Type: Quadruplex
  • Legal Description: Alvernon Park Lot 4 Blk 6
  • List Price per Sq Ft: 48.08
  • Miscellaneous Package Available: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Gross Sq Ft: 3120.00
  • Interior Steps: No

Exterior Features

  • Construction: Frame - Stucco

Utilities

  • Water: City Water
  • Fire Protection: Included in Taxes
  • Main Cooling: Central Air
  • Main Heating: Electric, Forced Air
  • Security: None
  • Sewer: Connected
  • Miscellaneous Master Elec Meter: No
  • Miscellaneous Master Gas Meter: No
  • Miscellaneous Master Water Meter: Yes

Condo/Co-op/Association

  • Community: None

Fee Information

  • Expenses Contract Services: 300.00
  • Expenses Figures Presented: Proforma
  • Expenses Gas Electric: 150.00
  • Expenses Maintenance Supplies: 2301.00
  • Expenses Taxes Assessments: 1924.00

Lot Info

  • Lot Acres: 0.21
  • Lot Dimensions: Unknown
  • Lot Size Price Sq Ft: 16.40
  • Lot Sq Ft: 9148.00
  • Municipality Zoning: Tucson - R3

Building Info

  • Year Built: 1978

Tax Info

  • Tax Code: 130-18-1450
  • Taxes: 1924.47
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2017
Sold by
Verdugo Martin and Verdugo Mariela
Bought by
Verdugo Martin
Current Estimated Value
$352,344

Purchase Details

Listed on
Jan 3, 2017
Closed on
Feb 7, 2017
Sold by
Dylaluha Llc
Bought by
Verdugo Martin
Seller's Agent
Matthew Bollinger
Long Realty
Buyer's Agent
Matthew Bollinger
Ochoa Realty & Property Management
List Price
$150,200
Sold Price
$150,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%
Original Mortgage
$112,650
Outstanding Balance
$93,802
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$258,142

Purchase Details

Closed on
Jan 27, 2011
Sold by
Downer Randolph and Downer Julie
Bought by
Dylaluha Llc

Purchase Details

Closed on
Mar 18, 2009
Sold by
Aurora Loan Services Llc
Bought by
Downer Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 2008
Sold by
Diaz Francisco
Bought by
Aurora Loan Servicing Llc

Purchase Details

Closed on
Mar 7, 2007
Sold by
Harvest Properties Inc
Bought by
Diaz Francisco

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
6.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2006
Sold by
Valenzuela Jesus
Bought by
Harvest Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.35%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 31, 2005
Sold by
Mcglasson John Brian
Bought by
Valenzuela Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2003
Sold by
Zibaoui Ramzi and Zibaoui Diane Lee
Bought by
Mcglasson John Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
5.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 1999
Sold by
G & G Financial Inc
Bought by
Zibaoui Ramzi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 1993
Sold by
Bauling Richard and Peterson Jill L
Bought by
Johnson Rebecca S
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Verdugo Martin -- None Available
Verdugo Martin $150,200 Fidelity Natl Title Agency I
Verdugo Martin $150,200 Fidelity Natl Title Agency I
Dylaluha Llc $156,539 None Available
Downer Randolph $123,000 Tfati
Aurora Loan Servicing Llc $169,280 Tfnti
Diaz Francisco $245,000 Tfnti
Harvest Properties $265,000 Tfnti
Valenzuela Jesus $265,000 Ticor
Valenzuela Jesus $265,000 Ticor
Mcglasson John Brian $155,000 --
Zibaoui Ramzi $128,000 --
Johnson Rebecca S $111,040 Stewart Title
Bauling Richard -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verdugo Martin $112,650
Closed Verdugo Martin $112,650
Previous Owner Downer Randolph $131,000
Previous Owner Diaz Francisco $232,750
Previous Owner Harvest Properties $210,000
Previous Owner Valenzuela Jesus $212,000
Previous Owner Mcglasson John Brian $124,000
Previous Owner Zibaoui Ramzi $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2017 02/09/17 Sold $150,200 0.0% $48 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $150,200 -- $48 / Sq Ft
Source: MLS of Southern Arizona

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,098 $17,537 -- --
2024 $2,098 $16,702 -- --
2023 $2,098 $15,907 -- --
2022 $2,110 $15,149 $0 $0
2021 $2,098 $13,741 $0 $0
2020 $2,034 $15,989 $0 $0
2019 $2,007 $13,758 $0 $0
2018 $1,963 $11,870 $0 $0
2017 $1,952 $11,870 $0 $0
2016 $1,924 $11,305 $0 $0
2015 $1,867 $10,766 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS of Southern Arizona

MLS Number: 21700142

MLS of Southern Arizona

APN: 130-18-1450